Economics

Yesterday, the House passed the $26 billion bill that would extend increased Medicaid matching to states and education funding to prevent teacher...

Today’s disappointing employment report (unexpectedly, June was revised downward and July was weak) prompted a Treasury rally, attributed by the...

Our policymakers need to focus more how shaping and managing fiscal expectations can help us get our fiscal house in order while supporting growth at...

Yesterday morning, Richard Berner of Morgan Stanley, Simon Johnson of MIT, and Joel Naroff of Naroff Economic Advisors testified before the Senate...

House Gone, Senate Eyeing the Exit – The House started its six-week recess Friday and the Senate will adjourn at the end of this week. Debate and a...

The week saw ups and downs of interest in Treasury debt instruments on the margin. Foreign interest backed off a little as perceptions of risk: return...

Appearing at his old alma mater, the Brookings Institution, Wednesday, Peter Orszag bid adieu to public sector employment in his final public...

"The current fiscal path of the federal government is unsustainable." This sentence begins any discussion about the future of US fiscal policy and CBO...

As of mid-morning Friday, U.S. and overseas markets await the results of the stress tests conducted on European banks, to be released at noon. Based...

Larry Summers, the Administration's top economist (and former CRFB board member), has an op-ed in the Financial Times today, looking at why the...

The (brief) stock market rally had dominated trading in the earlier part of the week. However, investor interest in U.S. government bonds picked up...

CRFB board member Eugene Steuerle joined the Announcement Effect Club in a post on the Urban Institute's website. In the post, he talked about the...